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...A-Cap owns five insurers: Sentinel Security Life, Haymarket Insurance and Jazz Reinsurance in Utah, as well as Atlantic Coast Life Insurance and Southern Atlantic Re in South Carolina....
...Weightman told the FT he was untroubled by the fact that his direct approach meant Barings had evidence of how he had poached their staff....
...Risky business: EU’s insurance regulator has called for urgent action over mounting economic damage from natural disasters such as floods and wildfires....
...For the PE shop, the crucial thing is that an insurance subsidiary gives them direct access to retail investors’ capital, which normally they are only allowed to access indirectly, through big pension funds...
...A-Cap has also provided direct finance to a number of 777 entities....
...The retail giant struck a deal earlier this month to dispense medication on behalf of Zepbound maker Eli Lilly’s direct-to-consumer service LillyDirect....
...Barings said that in early March more than a dozen employees resigned for Corinthia, alongside global private finance co-heads Fowler and Adam Wheeler....
...They are even allowed to sell their French wines direct to American consumers....
...The US is still the largest source of foreign direct investment in south-east Asia....
...“But he is too direct sometimes and, if you put him in a position where he had to handle international affairs, that might cause problems,” he said....
...The list of borrowers shifting from private to public debt markets includes Veritas-backed energy consultancy Wood Mackenzie and UK insurance broker Ardonagh, according to people briefed on the matter....
...Co-founded as Virgin Direct by Jayne-Anne Gadhia in 1995, Virgin Money was bought by Clydesdale & Yorkshire Banking Group for £1.7bn in 2018 in a deal that kept the Virgin brand....
...The vice-chair is Stephen Van Andel, an alumnus who co-chairs Amway, the nutrition, beauty and home products direct sales company founded by his father and Rich DeVos, Betsy’s father in law....
...“We see [property] as a very commercialised and competitive industry in China and we don’t expect the government will provide direct support to individual developers”, he added....
...Direct air capture — or DAC — sucks CO₂ emissions out of the air to be buried underground or reused in building materials, agricultural products or fuels, rather than contribute to global warming by lingering...
...Just last week, we brought you the tale of the co-head drama inside the bank....
...Lammy’s pitch for a new “progressive realism” will quickly be recast as “Labour defeatism”. You could already see the seeds of that debate in response to his essay....
...At the time, Paramount SA and Paramount DMCC said the two entities were operated and managed “totally independently”, and that Troost had no “direct” holding in the Dubai-based Paramount....
...There is no guarantee that the next Russian leader will have a more co-operative foreign policy outlook, but at least he might not share all of Putin’s dark obsessions....
...Virgin Money was co-founded as Virgin Direct by Jayne-Anne Gadhia in 1995....
...Management noted “progressive improvement in the supply of new vehicles” and said its rental margin remained “close to historic highs” at 20 per cent....
...A second use of the money that I propose: people are very badly insured in poor countries; the insurance market has not really managed to penetrate....
...Ruffer said at the time that it viewed bitcoin as “a small but potent insurance policy” and its exposure was “primarily a defensive move”....
...It is the first time since Taiwan began holding free and direct presidential elections in 1996 that any party has held power beyond two four-year terms....
...As JC Flowers & Co’s Chris Flowers told mainFT this week: “Too many people have piled into private credit and it has a special feature that a chunk of it is funded with life insurance assets . . ....
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